The holiday season is upon us; the time of year when the mailbox tends to begin filling up with gift catalogs and greeting cards from friends and family. This is also the time of year when the United States Postal Service (USPS) has traditionally seen a spike in mail traffic, as its fiscal health is often pegged to the level of first-class mail traffic that occurs over the holiday season. Those circumstances are dire regardless of how much mail is sent through the end of the year, and the cure sought by postal officials is worse than the disease.
Medicare is Afflicted with Chronic Wasting Disease, and its Catchy
All of the healthcare reform bills currently under consideration depend, to a significant degree, upon eradicating waste and abuse from Medicare in order to offset the costs of the new coverage package. Squeezing waste out of Medicare is a laudable goal and an aggressive waste eradication campaign could yield savings of $40 to $50 billion annually (conservatively), or 10 percent, a much higher percentage of fraud than exists in private healthcare systems. Unfortunately, it is a pipedream. Administrations and Congresses going back decades have tried, and failed miserably, to eliminate the waste.
The Devil is in the Details of the Healthcare Bills, Or Not
President Obama and congressional Democrats have been playing defense on healthcare reform throughout the month of August as congressional town hall meetings across the country have erupted in anger and frustration. A favorite theme in the President’s and his allies’ speeches is that Americans have been manipulated and exploited by opponents of his healthcare initiatives, jack-booted obstructionists who are peddling falsehoods about what is actually in the bills.
Blue Dogs and PAYGO – Living in La La Land
On April 28, 2009, members of the so-called fiscally conservative “Blue Dog” Coalition introduced H.R. 2116, the “Fiscal Honesty and Accountability Act of 2009.” According to their website, the measure “would strengthen Congress’ commitment to fiscal responsibility and accountability by reinstituting statutory pay-as-you-go (PAYGO) rules. The legislation, which would require both the House and Senate to abide by PAYGO rules if enacted into law, has been a cornerstone of the Blue Dogs’ efforts to restore fiscal discipline to the federal government.”
Weatherization Assistance Program – A Perfect Storm of Potential Waste?
President Obama’s $787 billion so-called “stimulus” bill, formally known as the America Recovery and Reinvestment Act (ARRA), will have reverberations throughout the economy for years to come. The contained a wide range of new government spending programs as well as dramatic increases in existing programs, some of which had previously been funded with relatively small budgets.
Ethical Lapses
In November, 2006, just after the sweeping victory by Democrats in the House of Representatives, the newly-minted Speaker of the House Nancy Pelosi (D-Calif.) promised that her leadership team would create “the most honest, most open, and most ethical Congress in history.” This seems like ancient history now. Since then, the House has been rocked by several allegations of unethical conduct. Yet, the House leadership’s general reaction to the ethical violations that seem to bloom almost daily appear to follow a pattern of partisan posturing and denial, followed immediately by paralysis, and ending with little or no accountability.
Obama’s Earmark Reform? ShamWow!
On March 11, 2009 President Obama signed the fiscal year (FY) 2009 omnibus appropriations bill, which contained the nine remaining 2009 spending bills worth $410 billion. After making dizzying campaign promises to eliminate congressional earmarking once he won the Oval Office, the President, out of the sight of the media, signed a bill containing thousands earmarks and schooled taxpayers on his new and revised view of earmarks.
The USPS: Finally, Running Like A Real Private-Sector Business!
Unfortunately, U.S. Postmaster General John Potter has apparently decided that the business model he wants to emulate is that of beleaguered General Motors, whose Chief Executive Rick Wagoner took a 64 percent increase in his salary in 2007 while his company was taking a nosedive, losing $39 billion.
How to Build A Bigger Boondoggle
The media has settled on a politically palatable historical metaphor for the new Obama administration and it is Franklin Delano Roosevelt. Time made it official when it put a photo of Barack Obama as FDR on its cover for its November 24, 2008 issue. And FDR’s storied New Deal policies of the late 1930’s have also become a convenient, albeit simplistic archetype for the so-called stimulus package racing through Congress.
Troubles With TARP
Barely sixty days after its establishment, the Troubled Asset Relief Program (TARP) is itself, well, in big trouble.